As mentioned in the Mexican constitution, no foreigner can acquire land directly in Mexico. If you are a Canadian who wishes to acquire land in the region called the restricted zone it needs to be done through a trust. Here are the four basic things you need to know about a bank trust here in Mexico. If you … [Read more...] about 4 Basic Facts About Bank Trusts in Mexico
3 Facts About Title Insurance You Should Know
Title insurance is an agreement of indemnity between the purchaser and the insurance company, so through a title insurance policy you will be protected in the event that there is any claim in title because somebody has a better right to the property. This is a consequence of fraud, forgery of documents, lost … [Read more...] about 3 Facts About Title Insurance You Should Know
Wine and Food Festival Wraps Up in Cancun
The 5th Wine and Food Festival wrapped up this weekend after 4 days that celebrated the flavors of Mexico, Spain and France. International talents of the culinary world, including chefs and sommeliers, descended upon one of largest culinary festivals in the Caribbean, with a huga sampling of dishes created … [Read more...] about Wine and Food Festival Wraps Up in Cancun
Bringing Your Car to Mexico
If you decide to own a car in Mexico, you have two basic routes to follow: 1. You can bring your car from home or 2. You can buy a car in Mexico Hundreds of Americans and Canadians have gone through the simple process for either approach and happily enjoy use of their car in Mexico. If you want to … [Read more...] about Bringing Your Car to Mexico
Carnival Cruise Announces Extended Trips to Cozumel
Carnival Cruise Line is expanding its cruise calls to Cozumel.  According to Caribbean Journal, the company will extend the length of time its ships will spend docked in Cozumel on more than 750 voyages via new “Cozumel Plus†itineraries.  The Journal says “Guests can try a host of new excursions, from … [Read more...] about Carnival Cruise Announces Extended Trips to Cozumel
Playa del Carmen´s Alux Cave: One of the World´s Most Unique Bars
Playa Del Carmen is home to some of the best dining and nightlife in the Yucatan, and one of them is now being recognized online. Last month BuzzFeed published an article about some of the most unique bars and lounges in the world, citing the “insanely unique†Alux Restaurante Bar & Lounge in Playa del Carmen … [Read more...] about Playa del Carmen´s Alux Cave: One of the World´s Most Unique Bars
What is the Process to Buy a Preconstruction Condo?
As Mexico properties are being discovered by the world, the demand is bringing record numbers of investors and buyers to this market. Some are coming with their knowledge and their monies which they reaped from their wise investments in other parts of the world. More and more, savvy real estate investors are … [Read more...] about What is the Process to Buy a Preconstruction Condo?
The 3 Basic Contracts When Buying a Property in Mexico
Buying property in Mexico involves a series of contracts. Today we will look at the 3 Basic ones that you will encounter as part of the purchase process in Mexico. They are the Offer to Purchase, the Promissory Contract, and the Purchase-Sales Contract. This last one is drawn up and legalized by the notary public, then … [Read more...] about The 3 Basic Contracts When Buying a Property in Mexico